Should a parent with young kids try to bootstrap a new startup?
Build Your SaaS
English - May 09, 2023 19:45 - 1 hour - 60.2 MB - ★★★★★ - 68 ratingsMarketing Business Technology technology podcasting business saas software marketing bootstrap bootstrapping rails ruby on rails Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Justin speaks with Aaron Francis about being a new parent and trying to bootstrap a startup. Aaron argued the other side of Justin's tweet thread: "Wait until your kids are older to start a company." Aaron is well-positioned to talk about this because he has twins and is also bootstrapping Hammerstone with his co-founder Colleen. The whole conversation is a nuanced take on the topic and full of important insights, especially on:
the risks involved (especially if you're not working a full-time job)the kind of foundation (mentally, financially, emotionally, relationally) you need to be able to take the riskHighlights from this episode:
(00:12) - Welcome Aaron(01:10) - Topic introduction
(02:22) - What's Aaron's story?
(05:28) - What is a maximum effort era?
(10:56) - What are you willing to sacrifice?
(15:17) - What's your daily routine like?
(17:30) - Context matters in all of this
(28:01) - Are you sacrificing social connections?
(30:53) - Blind spots can affect you on your journey
(33:23) - Pain vs risk
(37:43) - Being on the same page as your partner
(41:47) - Going to therapy sooner
(43:51) - Building a good foundation
(48:51) - Strengths, weaknesses, opportunities, and threats
(53:54) - Sometimes it's easier to try getting a better job
(01:02:42) - Where can people reach Aaron?
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